34th Junior National Athletics Championship: Nitesh Poonia goes hammer & tongs, rewrites record
Nitesh Poonia does not talk about the death of his father Dalbir Singh 16 years ago. What the 5’11’ does gather from conversations among village elders in Sardarpura in Rajasthan’s Churu district is that his father was more than six-and-a-half feet tall.
On Sunday, the 17-year-old broke Ashish Jakhar’s U-20 hammer throw national record by more than six metres with a throw of 81.47m at the 34th Junior National Athletics Championship in Ranchi. Nitesh’s national record with a 5Kg hammer also puts him in fourth spot at the world U-18 level, a list topped by Ukrainian Mykhaylo Kokohan, who managed 87.82m in Hungary in July.
After his achievement, Nitesh couldn’t help but recall how he started in the sport. “I was 18 months old when my father died. My mother teaches at a government school and earns Rs 28,000 per month. When I saw some hammer throwers training at the Government High School under coach Jaswant Poonia in Rajgarh, the circle and the technique fascinated me. As I won medals at national level, my training expenses increased and my mother would spend her savings on my younger brother’s education. While my training meant that I would only pass in the exams, this national record with a fourth in the world list will be like getting an A grade to tell my mother,” the youngster told The Indian Express.
Rupee recovers 21 paise to 72.91 against US dollar
The rupee recovered 21 paise to 72.91 against the US dollar early Tuesday on increased selling by exporters.
The dollar’s weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said,.
At the interbank forex market, the rupee opened strong at 72.98 and advanced further to trade at 72.91, reflecting a rise of 21 paise over its previous close of 73.12 against the dollar.
On Monday, the Indian rupee tumbled 67 paise to close at 73.12 against the US dollar on increased demand for the American currency from importers and unabated foreign fund outflows.
Meanwhile, the benchmark Sensex rose 118.44 points, or 0.34 per cent, to 35,069.36 in opening trade Tuesday
Kerala launches its fastest, part-AC inland ferry on Ernakulam-Vaikkom route
The Kerala government has launched its fastest inland ferry, Vega 120, which connects Ernakulam, Kottayam and Alappuzha districts. The ferry is partly air-conditioned and can cruise at a speed of 25km/hour.
Owned and operated by the State Water Transport Department (SWTD), the new vessel will cover the 35-km distance between Vaikkom and Ernakulam in 90 minutes, as compared to a two-hour timeframe of the buses on the same route.
The new vessel comes as a big relief for the commuters in the route, especially office-goers as this ferry service will be linked to other major points on the route through connection boats. The ferry can carry a total of 120 passengers – 40 in the AC cabin and 80 in the non-AC cabin with fixed ticket rates at Rs 80 and Rs 40 respectively.
Super 30 founder Anand Kumar to be honoured with Global Education Award in Dubai
Mathematician and Super 30 founder Anand Kumar will be awarded this week for his “pioneering” contributions to the field of education and illuminating the lives of many talented students. Kumar, 45, will be honoured with ‘Global Education Award’ on November 8 by ‘Malabar Gold & Diamonds’, flagship company of Malabar Group, a leading Indian business conglomerate.
“We take pride in honouring Mr Anand Kumar who has made a positive difference in the lives of many with his meaningful innovations. Anand Kumar’s life has involved a lot of struggle and his contributions to the field of education is indeed pioneering,” P A Ibrahim Haji, co-chairman Malabar Group, said.
He said a 12-member jury shortlisted Kumar from a list of 100 names working in the field of education across the globe after a three-month research and consequent deliberations.
“Hundreds of students mentored by him have made it to IITs so far and most of his students are from poor families and are first generation learners,” Ibrahim said.
“What Anand Kumar has done through Super 30 is bring about a generational change in those families and become an inspiration for the poor worldwide to pursue education to ward off poverty. It has underlined the power of education to transform lives,” he said.
Anand is a well known mathematician whose Super 30 is hailed for facilitating students from poor background crack IIT entrance exams by providing free food, lodging and teaching.
More than 500 such students have made it to different IITs since inception of Super 30 in 2002.
INS Arihant completes first deterrence patrol, PM Modi lauds ‘historic’ moment
India’s first indigenous nuclear submarine INS Arihant Monday returned from its first deterrence patrol, successfully completing the establishment of the country’s survivable nuclear triad. The crew of the Strategic Strike Nuclear Submarine (SSBN) were felicitated by Prime Minister Narendra Modi, who lauded the accomplishment calling it “historic” and a “fitting response to those who indulge in nuclear blackmail.”
Congratulating the crew, Modi said “Today is historic because it marks the completing of the successful establishment of the nuclear triad. India’s nuclear triad will be an important pillar of global peace and stability,” he said, adding that “our nuclear programme must be seen with regard to India’s efforts to further world peace and stability.”
Govt schemes to encourage kids to educate illiterate elderly family members soon: HRD Minister
The HRD ministry is to soon launch a campaign under which school kids will be encouraged to teach illiterate elderly members of their family, Prakash Javadekar said Sunday. Under the campaign, students from class 6 to 10 will be roped in for the eradication of illiteracy as they teach illiterate members of their family.
“The children will be the Guruji of their illiterate family members under the ‘padhna-likhna’ campaign which the HRD ministry is going to launch most likely in next two months,” the human resource development minister told reporters here.
“Proposal is that we will provide material to the students and they will be asked to teach their parents or grandparents who are illiterate,” he said.
The minister said he conceived the idea after recalling his school days when he used to help his mother, a teacher, in educating illiterate people. He said this during his visit to Jhalana kacchi basti where he met people and party workers and took feedback about the government’s work. He had tea with a family in the kacchi basti and spoke to the family members and children and there he motivated a child to teach his illiterate grandparents.
“I asked the boy to be the ‘sir’ (or teacher) of his grandmother. I motivated him and this is how I work. The scheme will be formally launched in two months but today I did an informal or soft launch by asking the boy to do so,” Javadekar said.
During his visit to the kacchi basti, he had lunch at a Dalit family’s residence. He had the meal at the home of Brij Mohan Kansotiya, whose wife is a beneficiary of PM Ujjwala Yojana and whose mother is a beneficiary of a social pension scheme. He also discussed with area residents and received feedback on government schemes and programmes. “Our work is to empower people,” he said.
State Health Minister Kalicharan Saraf, Mayor Ashok Lahoti and other leaders of the party accompanied him. PTI SDA ABH
SBI net profit slips 69% to Rs 576 crore in second quarter
The country’s largest lender SBI Monday reported 69 per cent decline in consolidated net profit to Rs 576.46 crore in the second quarter ended September 30.
The bank’s net profit was Rs 1,840.43 crore in the July-September quarter of previous fiscal.
The bank had reported a net loss of Rs 4,875.85 crore in the first quarter of the current fiscal due to higher provisioning for bad loans.
Its total income (consolidated) rose to Rs 79,302.72 crore in the quarter under review, compared to Rs 74,948.51 crore in the year-ago period, State Bank of India (SBI) said in a regulatory filing.
On asset quality, the gross non-performing assets (NPA) of the bank rose to 9.95 per cent of the gross advances as on September 30, 2018 from 9.83 per cent a year ago.
Net NPAs or bad loans stood at 4.84 per cent of the net advances, down from 4.53 per cent.
The provisions for bad loans came down to Rs 10,381.31 crore during the quarter, from Rs 16,842.18 crore in the same period a year ago.
On standalone basis, the bank’s net profit was down at Rs 944.87 crore as against Rs 1,581.55 crore.
The lender’s income was Rs 66,607.98 crore in the July-September quarter, up from Rs 65,429.63 crore.
Shares of the bank closed 3.45 per cent higher at Rs 295.30 on BSE.
Rupee falls 34 paise against US dollar in early trade
The rupee depreciated 34 paise to 72.79 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows. The rupee opened lower at 72.76 per dollar against the previous close of 72.45 and dropped further to quote 34 paise down at 72.79 in opening trade.
Traders said increased demand for the US currency from importers and losses in the domestic equity market weighed on the rupee. Besides, the dollar trading higher against some currencies overseas too put pressure on the rupee, they added.
The rupee on Friday clocked its biggest single-day gain in over five years, surging by 100 paise to close at 72.45 against the US dollar on easing crude oil prices. The benchmark BSE Sensex fell 100.54 points, or 0.29 per cent, to 34,911.11 in the opening session.
Sensex slips below 35,000 in early trade, drops 100 points
The benchmark Sensex slipped below the 35,000-mark by dropping over 100 points to 34,911.11 in early trade Monday after banking, metal and auto stocks declined following weak global cues and profit-booking.
The 30-share index fell 100.54 points, or 0.29 per cent, to 34,911.11. The gauge had rallied nearly 580 points Friday. The NSE Nifty, too, was trading 39.80 points, or 0.38 per cent, lower at 10,513.20.
Sectoral indices, led by power, metal, banking and auto stocks, were trading in the negative terrain, falling by up to 1.44 per cent.
Brokers said sentiments were weak largely in tandem with a negative trend in other Asian markets, tracking losses at the Wall Street, and profit-booking by investors after Friday’s rally.
NTPC fell the most by 3.01 per cent among Sensex scrips, followed by IndusInd Bank shedding 2.17 per cent.
Other laggards were PowerGrid, ICICI Bank, Hero MotoCorp, Adani Ports, Tata Motors, Vedanta, M&M, Asian Paint, Kotak Bank, Bajaj Auto, RIL, Tata Steel, HUL and HDFC, falling up to 1.95 per cent.
On the other hand, Axis Bank, ONGC, Sun Pharma, SBI and Yes Bank were trading positive, rising up to 1.98 per cent.
Meanwhile, foreign institutional investors (FIIs) sold shares worth a net of Rs 196.90 crore, while domestic institutional investors (DIIs) bought shares to the tune of Rs 852.99 crore.
Elsewhere in Asia, Japan’s Nikkei was down by 1.16 per cent, while Hong Kong’s Hang Seng fell 2.52 per cent. Korea fell 1.50 per cent, Shanghai Composite Index shed 2 per cent and Taiwan lost 0.89 per cent.
The US Dow Jones Industrial had ended 0.43 per cent lower Friday.
Justin Rose wins Turkish Open, retakes No. 1 ranking
Justin Rose is No. 1 in the world again, and this time it feels even more special. More than having the top ranking, he goes home with a trophy. Rose rallied from a three-shot deficit Sunday with a 3-under 68, and then defeated Li Haotong of China on the first playoff hole with a par to win the Turkish Airlines Open for the second straight year.
The first time Rose reached No. 1 in the world was two months ago, a bittersweet moment because he lost the BMW Championship outside Philadelphia in a playoff against Keegan Bradley.
“This time I’ve got some silverware,” Rose said. “Last time it was muted because I was still so mad at not winning the tournament at the BMW. But this time I’ve got the double kind of winning feeling, so it might be a bit more fun to celebrate it at this time.”